Shares of self defense company AXON (NASDAQ:AXON)
fell 18.5% in the morning session after the company reported third-quarter results that missed profit expectations and provided weak EBITDA guidance for the upcoming quarter. While revenue for the quarter grew 30.6% year-on-year to $710.6 million, beating Wall Street's estimates, investors focused on the negatives. The company's adjusted earnings per share of $1.17 came in 24.1% below the consensus estimate of $1.54. Furthermore, Axon's EBITDA guidance for the fourth quarter was below analyst expectations. The company also saw its operating margin contract, falling to -0.3% from 4.4% in the same quarter last year, indicating rising expenses were outpacing revenue growth. Despite the earnings miss, the company's revenue guidance for the next quarter was slightly ahead of forecasts.
The financial markets are once again in the throes of earnings season, a period that consistently proves to be a crucible for individual stock valuations and a significant driver of broader market sentiment. Recent corporate earnings reports, spanning from late 2024 through the third quarter of 2025, have painted a
Wall Street bounced back Wednesday after Tuesday's sharp selloff in AI-driven stocks, as investors bought the dip amid solid corporate earnings and growing signs that the Federal Reserve may be nearing another interest rate cut.
Stay tuned for the market movements in the S&P500 index on Wednesday. Check out the gap up and gap down stocks in the S&P500 index during today's session.
Self defense company AXON (NASDAQ:AXON) reported Q3 CY2025 results beating Wall Street’s revenue expectations, with sales up 30.6% year on year to $710.6 million. Guidance for next quarter’s revenue was better than expected at $752.5 million at the midpoint, 1.3% above analysts’ estimates. Its non-GAAP profit of $1.17 per share was 24.1% below analysts’ consensus estimates.
The US market is yet to commence its session on Wednesday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
The US market is yet to commence its session on Wednesday, but let's get a preview of the pre-market session and explore the top gainers and losers driving the early market movements.
Self defense company AXON (NASDAQ:AXON) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 30.6% year on year to $710.6 million. Guidance for next quarter’s revenue was better than expected at $752.5 million at the midpoint, 1.3% above analysts’ estimates. Its non-GAAP profit of $1.17 per share was 24.1% below analysts’ consensus estimates.
As the regular session of the US market concludes on Tuesday, let's get an insight into the after-hours session and identify the top gainers and losers in the S&P500 index.
Let's have a look at what is happening on the US markets after the closing bell on Tuesday. Below you can find the top gainers and losers in today's after hours session.
Risk appetite cooled on Tuesday as investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.
